PUBLIC INVESTMENT-INDEX FUND
Amends the Public Funds Investment Act. Provides that any public agency may invest any public funds in broad-based index funds that track the performance of a large group of stocks picked to represent the broader market.
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{# E23 (Nick, ruling section 1 answer 10): quoting a bill or a court opinion works
the way quoting a news article works. Select a passage above and the same panel
opens: the passage goes to the official you choose, with this document's own
address as its source and its own type. #}